Global security experts join panel to discuss Australia’s role
in the $170 billion cyber security market
Australia, 29 August, 2016: The ACS – the professional association for Australia’s ICT sector – together with the Minister for Small Business, Innovation and Trade Philip Dalidakis, today launched the Victorian Government’s two week Digital Innovation Festival at the ACS Victoria’s Cyber Security Forum, Thriving in a Digital and Secure Age, on Monday 29 August at 11:30am.
The forum will feature a luncheon and panel discussion on what is fast becoming Australia’s biggest threat to the information age – the $17 billion cost of cybercrime; as well as shed fresh insight on how Australia can tackle its cyber security skills deficit and build a thriving cyber security ecosystem – with Victoria serving as a world-class cyber security hub.
Bringing together global experts in information security, the panel’s keynote speaker is Tammy Moskites, CIO and CSIO of US-based enterprise Venafi. As one of Australia’s most successful security specialists, Ms Moskites is a role model for women in ICT, as the industry undergoes significant transformation and diversification. Mike Burgess, Chief Information Security Officer (CSIO) at Telstra, Mazino Onibere, Information Security Manager at NEC Australia, Andrew Dell, Chief Information Security Officer at NAB, and Rachael Falk, co-creator of the Five Knows of Cyber Security, are also featured panellists.
Craig Horne, ACS Victoria Chair and Executive at Dialog Information Technology said, “It is exciting to bring together key leaders in ICT, government and business and shine new light on the enormous opportunities and challenges presented by cyber security. As Australia undergoes a digital transition and secures its $139 billion economic future, we face a double-edged sword: delivering enough skilled cyber security specialists to fill a 21% lift in demand, as well as develop advanced capabilities, tools and services to withstand cyber-attack.”
Philip Dalidakis, Victorian Minister for Small Business, Innovation and Trade said: “Cyber security is critical to safeguarding our digital economy and as society becomes more digitalised this becomes a more important issue – which is why the Andrews Labor Government is working hard to keep Victoria at the forefront.
“Investing in events like the Digital Innovation Festival to host expert forums in cyber security will allow us to better work with the industry to continue to build Victoria’s reputation as the tech capital of Australia,” he said.
In May 2016, ACS Victoria released its Cyber Security Position Paper, which highlighted Victoria’s capabilities in digital technology and data security. The paper called for additional government and industry collaboration and investment, to position Melbourne as a global hub of significant cyber security expertise.
Michael Falconer, Dialog’s Victorian Services Director added, “With 31% of Australia’s ICT workforce now based in Victoria, as well as Victoria home to Data61, the NBN Support Centre, Oxford University’s Global Cyber Security Centre, plus the Oceania Cyber Security Centre, Victoria is in a strong position to tackle the national security dilemma.”
Mr Falconer said cyber security plays an increasingly critical role in enabling the safe and effective transfer of information between organisations, suppliers and customers. “Security can no longer be an afterthought; it needs to become an essential planning step in any project or business. In offering cyber security consulting and professional services, Dialog is proud to support Victorian efforts to better protect industries, businesses and individuals from the threat of cyber-crime.”
Key findings from the ACS Cyber Security Position Paper:
· In 2014, the number of reported information security incidents around the world rose 48 per cent to 42.8 million, the equivalent of 117,339 attacks per day.
· In 2014, the global cost of cyber-crime, based on available open source data, was conservatively estimated to be at least $375 billion.
· Australian businesses indicated that they have experienced at least one cyber incident in the past year.
· The Australian Crime Commission has estimated that cybercrime affected five million Australians in 2013 and cost $1.06 billion to those individuals alone.
· 23 per cent of cyber security positions take more than six months to fill and 10 per cent remain unfilled.
What: ACS’ Thriving in a Digital and Secure Age
When: Monday 29 August at 11.30am
Venue: Crown Palladium, 8 Whiteman St Southbank, VIC, 3000
Who: Philip Dalidakis, Victorian Minister for Small Business, Innovation and Trade
Tammy Moskites, CIO and CSIO of Venafi
Mike Burgess, CSIO at Telstra
Mazino Onibere, Information Security Manager at NEC Australia
Rachael Falk, Cyber Security Advisor and co-creator of the Five Knows of Cyber Security.
Andrew Dell, CSIO at NAB
Louise Proctor, Launch Group, 0452 574 244 firstname.lastname@example.org
Sarah Jane Williams, Launch Group, 0409 362 675, email@example.com
About the ACS
The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.
 Research by Gartner Inc, suggests the global cyber security market is expected to be worth $170 billion by 2020.
 See the Federal Government’s recently released Cyber Security Strategy: https://cybersecuritystrategy.dpmc.gov.au/assets/img/PMC-Cyber-Strategy.pdf (p 4)